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All Forum Posts by: David Broadbelt

David Broadbelt has started 2 posts and replied 6 times.

@Simmy Ahluwalia Thanks for the response. I'll send an email right now

I am seeking lenders in the Spring Lake NC area. I will be rehabbing a rental property and refinancing once a tenant is in place. ARV estimated at 125K

Post: Where do you park your rental income?

David BroadbeltPosted
  • Bronx, NY
  • Posts 7
  • Votes 2
Many local, smaller banks do not have those fees. You can also go the online route with a bank such as Ally.

Thank you @Scott Wolf! Do you have any suggestions for areas closer to Valhalla for a house hack? I would like to continue working at my job for the foreseeable future.

Hi BiggerPockets,

I am a very new investor just getting started in the NYC / NJ area. I am 31 and currently live/rent in Bronx, NY and work in Valhalla, NY (Westchester) as a Network Engineer. I have been interested in Real Estate or really just owning a "house hack" for a few years now, but was not going about it in the best way. After I graduated in December last year, I suddenly had alot of extra time after work and started looking more into Financial Independence, where I of course came across Bigger Pockets.

Being a BP member for a few months, I have been educating myself as much as possible through the podcast, forums, blogs, webinars and mostly books. I also reached out to an investor (who happened to be on a BP podcast) on his personal blog and attended a NNJ meetup. As my first leap, I entered a joint venture for a flip in North Carolina by contributing cash. Long-term, I am interested in buy-hold rentals for passive income, becoming financially free, and also to build generational wealth.

Currently, I have a pre-approval and actively looking in the North New Jersey area for a multifamily property for my first house hack. I am looking forward to learning more, networking, and now contributing to the community.

@Nick Rutkowski

Hi Nick, I’m looking to do my first house hack. I live in the Bronx currently and work in Westchester. I’m interested in knowing more about the upstate area.